#United Kingdom #Starlight Investments #Salford #Spectra

Starlight Investments Unveils Spectra's Final Stage

Starlight Investments is proud to announce the completion of one of its flagship developments, Spectra, a remarkable 34-storey build-to-rent (BTR) project located in Salford, part of the Greater Manchester area. This significant milestone was celebrated during a special topping-out ceremony attended by project partners and team members, highlighting the building's structural completion and the transition into the final phases of construction.

Once fully finished, Spectra will boast a diverse range of high-quality rental options, offering 393 contemporary living spaces, including studios, one, two, and three-bedroom apartments, along with townhomes designed to accommodate a variety of lifestyles. Future residents can look forward to enjoying premium amenities such as a resident lounge, beautifully landscaped outdoor areas, a fitness studio, working spaces, a private dining room, and recreational areas, including games and media rooms.

Strategically situated near Broadway and South Langworthy Road, adjacent to MediaCity, this development promises outstanding connectivity across the Greater Manchester region while fostering a vibrant community living experience. The name 'Spectra' was chosen to represent the cultural diversity and vibrant energy of the media and creative industries that define the area, elegantly correlating with the building's striking rose-gold facade.

Jonnie Milich, Head of Residential for the UK at Starlight Investments, expressed pride in reaching this pivotal moment. He stated, "The completion of Spectra is a significant achievement for our residential team in the United Kingdom. This project underscores our ongoing investment in the burgeoning rental market of Greater Manchester and our commitment to creating a premier residential community for future tenants. We are grateful to our partners and teams for their dedication in bringing this vision to life."

Nick Sweeney, Managing Director of X1, the prominent UK developer behind the project, added, "We are thrilled to celebrate this essential milestone for the Spectra project. Partnering with Starlight Investments, we are incredibly proud to deliver a well-designed community enriched with amenities that will positively contribute to the region's housing landscape and long-term growth."

Spectra is one of several ongoing projects within Starlight's UK portfolio, demonstrating the company’s expanding presence in the rental construction sector. This milestone highlights Starlight's commitment to providing modern, professionally managed rental communities in key urban centers where the demand for housing is critical. Notably, this marks the second topping-out ceremony held by the company in Greater Manchester within a month, reflecting the growth momentum behind Starlight's expansion in the area.

In the UK, Starlight has developed a robust portfolio featuring over 4,000 rental units and more than £1.1 billion in assets under management, with plans for continued growth in key markets.

About Starlight Investments

Starlight Investments is a leading global real estate investment and asset management company based in Toronto, Ontario, Canada. The firm is a private owner, developer, and manager of over 70,000 multi-residential apartments and more than 7 million square feet of commercial space, with CAD 30 billion in assets under management. Starlight provides a wide range of investment vehicles as part of various real estate strategies. Starlight's mission is to balance its mandate with visionary curiosity to create a positive impact for investors and communities. At Starlight, we invest with purpose.

For further details, visit Starlight Investments or connect with us on LinkedIn.